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Nomos One description
Nomos One is a cloud-based software designed to simplify how businesses manage their lease agreements and accounting. It provides a central platform for storing and organizing lease documents, tracking key dates, and maintaining compliance with accounting standards like IFRS 16. Nomos One automates lease calculations, generates financial reports, and offers comprehensive onboarding support to ensure smooth implementation and ongoing management of your lease portfolio.
Who is Nomos One best for
Nomos One helps businesses simplify lease accounting and management, ensuring compliance with IFRS 16. Users praise its comprehensive features and helpful customer support. However, some have noted system limitations and occasional errors in calculations. Best for companies in regulated industries with complex lease portfolios seeking an automated solution.
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Nomos One is best suited for businesses in regulated industries needing lease accounting compliance.
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Ideal for Finance, Real Estate, Retail, and other sectors with complex lease portfolios.
Nomos One reviews
We've summarised 27 Nomos One reviews (Nomos One Capterra reviews) and summarised the main points below.
- Excellent customer support, readily available and helpful
- Easy to use and navigate with a good layout
- Comprehensive lease tracking and reporting features
- Cost-effective solution for lease accounting
- Automated lease calculations and journal entries
- System limitations impacting IFRS16 reporting and lease management
- No hard close, data can be changed retrospectively
- Reports cannot be downloaded directly, requiring support team assistance
- Occasional errors in lease accounting calculations requiring manual checks
- Clunky interface causing difficulty capturing data
Nomos One alternatives
TenantCloudBetter for property management companies of all sizes. Focuses on simplifying the entire rental lifecycle, from tenant screening to maintenance requests. Offers online rent payments and automated accounting.Read more
SpacebaseBetter for enterprise companies. Has more momentum. A Nomos One competitor and alternative.Read more
RentasticBetter for real estate investors managing finances. Focuses on income and expense tracking, automated reporting, and bank integration. Easier to use and implement, with better customer service. Positive pricing sentiment.Read more
ConnectPointzBetter for smaller businesses and those focused on sales and supply chain automation. Higher rated by users, particularly regarding customer service and ease of use. ConnectPointz is a Nomos One competitor and alternative.Read more
PlikaBetter for budgeting, forecasting, and financial reporting. Higher Capterra rating (4.36/5 vs 4.15/5). More user-friendly interface. Focuses on automating financial processes for analysis and insights.Read more
Nomos One FAQ
What is Nomos One and what does Nomos One do?
Nomos One is cloud-based lease accounting software that simplifies lease management and ensures compliance with IFRS 16. It automates calculations, generates reports, and offers central lease document storage. Users praise its ease of use and comprehensive features but note limitations in reporting and occasional calculation errors.
How does Nomos One integrate with other tools?
Nomos One integrates with other financial software, though specific integrations are not publicly listed. Contact Nomos One directly for details regarding integrations relevant to your business needs.
What the main competitors of Nomos One?
Nomos One's main competitors include Spacebase, Bryckel AI, and TenantCloud. These alternatives offer similar lease management, accounting automation, and reporting functionalities, catering to various business needs and property management requirements. Other options like Rentastic and Plika offer related financial management tools.
Is Nomos One legit?
Yes, Nomos One is a legitimate cloud-based software solution for lease management and accounting. It helps businesses, especially in finance and retail, comply with standards like IFRS 16. Users praise its ease of use and comprehensive features but note some system limitations and occasional errors.
How much does Nomos One cost?
Nomos One does not publicly disclose pricing information. Contact Nomos One directly to obtain product pricing details and determine if it's worth the investment for your needs.
Is Nomos One customer service good?
Customers praise Nomos One's exceptional customer service, describing it as helpful, readily available, and prompt. Support is a key strength, assisting with implementation and daily operations. However, some users mention needing frequent support due to system limitations and occasional errors in calculations.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.